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Westernzagros Resources Ltd
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June 2012 Corporate Presentation
| Simon Hatfield | Page 7 of 11 |
April 23, 2024
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7 Exploration and Appraisal Well Drilling Timeline Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 K u r d a m i r 3 D S e i s m i c K u r d a m i r - 3 O l i g o c e n e , E o c e n e , C r e t a c e o u s Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 E s ti ma te d $ 1 5 - 2 5 mi l l i o n g r o s s c o s t Sa r q a l a 3 D Se i s m i c P l a n n i n g u n d e r w a y w i th a n ti c i p a te d s p u d d a te Q 1 2 0 1 3 P l a n n i n g u n d e r w a y w i th a n ti c i p a te d s p u d d a te Q 1 2 0 1 3 C o m m e n t sK U R DA M I R P R O G R A M 2012 P l a n n i n g u n d e r w a y w i th a n ti c i p a te d Q 4 2 0 1 2 s ta r t 2013 D r i l l i n g a n d e v a l u a ti n g o f E o c e n e a n d Cr e ta c e o u s r e s e r v o i r s b y e n d H 2 2 0 1 2 P l a n n i n g u n d e r w a y w i th a n ti c i p a te d Q 2 2 0 1 3 s ta r t P l a n n i n g u n d e r w a y w i th a n ti c i p a te d s p u d d a te H 2 2 0 1 2 SA R QA LA P R O G R A M 2012 2013 C o m m e n t s E s ti ma te d $ 1 . 2 mi l l i o n g r o s s c o s t f o r a d d i ti o n a l w e l l te s ti n g a n d a n a l y s i s O il d is c o v e r y l a n a ly s is b e in g c o n d u c t e d o n c o m p le t e d a d d it io n a l w e ll t e s t fo r T e s t 4 in t e r v a l l p la n n e d in c r e a s e t o 8 , 0 0 0 b o p d O lig o c e n e t e s t in g l E o c e n e a n d C r e t a c e o u s T e s t in g E x te n d e d w e l l te s t l e a d i n g to e a r l y p r o d u c ti o n E x t e n d e d W e l l T e st ( E W T ) Sa r q a l a - 1 O i l Di s co ve r y J e r ib e Sa r q a l a a n d M i l Qa s i m 3 D S e i s m i c A d d i t i o n a l W e l l T e st ( A W T ) M i l Qa s i m - 1 O i l Di s co ve r y U p p e r Fa r s Ha s i r a - 1 U p p e r Fa r s , J e r ib e , O lig o c e n e H a si r a - 1 3 D S e i sm i c Sa r q a l a - 2 U p p e r Fa r s , J e r ib e 3D S e i sm i c K u r d a m i r - 2 O i l Di s co ve r y K u r d a m i r - 2 O lig o c e n e , E o c e n e , C r e t a c e o u s K ur da m i r - 3 S h a l l o w W e lls M i l Qa s i m Sh a l l o w W e l l s U p p e r B a k h t ia r i Ha s i r a - 1 U p p e r Fa r s , J e r ib e , O lig o c e n e H a si r a - 1 S a r q a l a - 2 Sa r q a l a - 2 U p p e r Fa r s , J e r ib e